Jul 30 2011
Heller Supports House Debt Bill
(Washington, DC) – Today, U.S. Senator Dean Heller (R-NV) made the following statement in support of the House-passed debt plan (S. 627):
“The Senate had an opportunity to send a bill to the President that would put us on a path to balancing the budget. Unfortunately, this plan was rejected by the Majority Party. Any plan that goes to the President should create significant savings and make necessary structural changes for long-term fiscal stability. It is time for the Majority Party to come to the table with plan and help work out a solution,” said Senator Heller.
The House plan increases the debt ceiling, reduces spending by $917 billion over ten years and requires the House and Senate to adopt a Balanced Budget Amendment before the President can request an additional increase in the debt ceiling.